IMSK SE’s Restructuring Efforts Go Bust

time and money

IMSK SE is likely to be liquidated having failed to secure support for its restructuring plan.

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Uljanik to Sell 3. Maj Shipyard

Uljanik Group could sell its 3. May shipyard in an effort to raise much-needed cash.

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Rolls-Royce to Shrink Workforce as Part of Restructuring

Rolls-Royce logo

Rolls-Royce unveiled plans to cut 4,600 jobs, mainly in the UK, as part of its business restructuring.

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I.M. Skaugen Files for Restructuring in Singapore

Singapore

I.M. Skaugen has filed applications to Singapore court for a moratorium to commence the reorganization of ...

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Vroon Hammers Out Restructuring Deal with Lenders

Vroon Acadian

Vroon has reached an agreement in principle with its lenders on financial restructuring.

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Creditors to Place STX Offshore under Court Receivership

STX Offshore & Shipbuilding

STX Offshore is to be put under court receivership as its union failed to accept the company's restructuring plan.

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Uljanik Selects Its Restructuring Partner

Danko Koncar-led Kermas Energija will be the strategic partner in Uljanik's restructuring.

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MOL Reveals Massive Restructuring

Mitsui O.S.K. Lines is set to launch a massive restructuring of its organization on April 1, 2018.

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EC Gives Green Light to Uljanik’s Rescue Aid

The European Commission approves state guarantee for Uljanik's USD 115.6 million loan.

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Over USD 550 Mn Needed to Restructure Uljanik

Uljanik is waiting for a green light from the European Commission for a state guarantee for a EUR 96 million.

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Uljanik Gets State Guarantee for Loan

Croatia has decided to provide a USD 115.6 million state guarantee for a loan to help shipbuilder Uljanik to restructure.

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Crowley Overhauls Business Structure

Jones Act shipowner Crowley restructures its non-liner and logistics business units as it pursues integration.

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FESCO Pens USD 680 Mn Credit Facility

Russian transportation and logistics firm Far-Eastern Shipping Company (FESCO) has inked a USD 680 million debt ...

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FESCO Reaches Milestone in Restructuring Deal

Russia’s Far-Eastern Shipping Company (FESCO) has obtained a guarantee approval from a majority of its ...

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Heerema Marine Axing 250 Jobs

Over 250 job cuts are planned within restructuring efforts announced on Tuesday by Heerema Marine Contractors ...

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Offen Group, DEVK Abandon Marenave

The existence of German shipping trust Marenave Schiffahrts comes once again into question as the proposed capital ...

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CSIC About to Seal Restructuring Deal

China Shipbuilding Industry Corporation (CSIC), which suspended trading of its stock back in May due to a ...

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Report: SHI to Continue Cutting Its Workforce

South Korea’s shipbuilder Samsung Heavy Industries (SHI) is looking to further cut its workforce, continuing ...

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Marenave Sells Car Carrier, Completes Restructuring

German shipping trust Marenave Schiffahrts has been successfully released from the remaining liabilities owed to ...

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KDB to Back DSME's Restructuring Despite Opposition

The restructuring of the financially-troubled South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering ...

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EU, Japan Raise Concerns over DSME's Rescue Plan

The European Union and Japan have raised concerns over Daewoo Shipbuilding & Marine Engineering’s (DSME) ...

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